Singapore, March 31, 2016 -- Moody's Investors Service says that Hindustan Zinc Ltd.'s (HZL, unrated) announcement of a special dividend is credit positive for Vedanta Resources plc (Vedanta, B2 negative), because it staves off some of the refinancing pressure with respect to the company's debt maturities in the fiscal year ending 31 March 2017 (fiscal 2017).

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